HYCROFT MINING HOLDING CORP — Director's Dealing 2018

Mar 2, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Mudrick Capital Acquisition Corp (MUDS)
CIK: 0001718405
Period of Report: 2018-02-28

Reporting Person: Mudrick Capital Acquisition Holdings LLC (10% Owner)
Reporting Person: Mudrick Capital Management, L.P. (10% Owner)
Reporting Person: Mudrick Capital Management LLC (10% Owner)
Reporting Person: Mudrick Jason (Director, CEO, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-02-28	Class B Common Stock	$	J	550000	Disposed		Class A Common Stock (550000)	Direct

Footnotes

F1: As described in the issuer's registration statement on Form S-1 (File No. 333-222137) under the heading "Description of Securities--Founder Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and has no expiration date.

F2: As contemplated in connection with the initial public offering of the issuer, 550,000 shares of Class B common stock of the issuer were returned by Mudrick Capital Acquisition Holdings LLC to the issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full.